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Current Selection: All Prices All Types All Locations New Selection Sorted By: Default New Sort
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    Feature Home - Wylie Horse Property $621,000  Reduced from 899,000  
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Address:   2915 Troy Rd.    City/ST:   Wylie, TX   Zip Code:   75098  
Location:   Wylie, Texas   Property Type:   Single Family Home   New or Resale:   Resale   
Square Footage:   4146   Bedrooms:   3   Bathrooms:   3  
MLS#   11142074   Property Tax:   5332   Monthly Rent Estimate:   $4,500  



Last Updated: 8/17/2009 12:12:47 PM

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Real Estate Tips
Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Real Estate Trivia
Q 
What is currently the most sought-after amenity in the majority of upscale homes?

A 
Technology that "enables" a home with features such as structured integrated wiring and broadband Internet access is the current amenity of choice.
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Gary Martin, REALTOR®, real estate agent and broker for Plano, Frisco and Prosper, Texas home listings, property and land for sale

Gary Martin
Legacy Park Luxury

105 Forest Meadow
Gunter, TX 75058
214-293-3046
Fax: 903-433-1908
garymartin@BestImageAgent.com


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